Mumbai, August 12, 2025 – Weaver Services Private Limited (Weaver) today announced the successful completion of its 100% acquisition of Capital India Home Loans Limited (CIHL), following receipt of all necessary regulatory approvals. This marks a significant milestone in Weaver’s mission to build a next-generation, tech-driven affordable housing finance company.
The RBI's in-principle approval of AU Small Finance Bank's conversion from a Small Finance Bank to a Universal Bank caused its shares to soar by more than 7% on 8 August. In the first trade, shares of AU Small Finance Bank surged up to 7.52%
On July 5, the Alibaba Group affiliate business sold 3.73 Cr shares of the fintech giant through open-market transactions for INR 3,980.7 Cr, a day after rumours circulated that Antfin was seeking to sell its remaining interest in Paytm. Societe Generale, My Asian Fund Among Key Buyers
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It has recently been discovered that individuals are pumping millions into the Indian equity market. While there is a prevalent belief that equity market investing is riskier than other asset classes, the recent surge of the Indian equity market has enticed many to make share price investments. The stockholders'
Alphabet Inc. CEO Sundar Pichai has officially become a billionaire, which is an uncommon rise for a non-founder in the computer industry. Pichai's current net worth of $1.1 billion, as determined by the Bloomberg Billionaires Index, was solely derived from his work as a professional CEO rather
Veranda Learning Solutions Limited (BSE: 543514 | NSE: VERANDA), a listed education company offering end-to-end learning solutions across the education value chain, has successfully completed its first-ever Qualified Institutional Placement (QIP), raising INR 357.42 crores through the issuance of 1,58,71,173 equity shares of face value INR 10
* Increase in standalone revenue at Rs. 346 Crore, representing YoY growth of 10% * The net profit for the quarter stood at Rs. 154 Crore, representing a margin of 33%. * Consolidated Revenue from Operations of Rs. 372 Crore, YoY growth of 12% * Standalone EBITDA at Rs. 135 Crore, representing an EBITDA
Sai Parenterals has secured ₹50 crore from marquee investors, including Samarsh Capital, Vyom Partners, and Blue Lotus Capital. The funds will help the pharma firm expand globally, acquire key assets, and boost its manufacturing.
Reliance Communications Ltd. (RCOM) announced in a regulatory filing on July 1 that the State Bank of India (SBI) had labelled the loan account of RCOM as "fraud" and was taking steps to submit the identity of the company's former director, Anil Dhirubhai Ambani, to the
National, 01 July, 2025: Swiggy Limited (NSE: SWIGGY/BSE: 544285), India’s leading on-demand convenience platform, today announced the launch of affordable range of offerings on its app- the “99 Store,”- aimed at making everyday meals more affordable and accessible. Swiggy has led from the front with this disruptive
On June 26, the stocks of electronics manufacturers Voltas and Whirlpool saw notable increases. This occurred in response to a report that asserted Panasonic's withdrawal from loss-making categories in India, including refrigerators and laundry machines. According to a media outlet, which cited persons familiar with the situation, Japanese
For failing to give all stakeholders equitable access to corporate filings and to take action against brokers who make frequent changes during trading, capital markets regulator SEBI fined the BSE INR 25 lakh on 25 June. Following an inspection that took place between February 2021 and September 2022, the market
Kazam, India’s fastest-scaling EV energy-tech company, has raised $6.2 million in Series B funding from the International Finance Corporation (IFC) and existing investors Vertex Ventures SEA & India and Avaana Capital Advisors. The investment will fuel Kazam’s expansion across markets with its energy transition tools to accelerate
Zerodha’s Founder and CEO, Nithin Kamath, has issued a candid reflection on India’s broking industry, questioning the sustainability and perceived attractiveness of the business. In a recent LinkedIn post, Kamath highlighted how a majority of brokerage revenue today is concentrated in just two contracts, Nifty and Sensex Futures
In a block transaction valued at INR 97.44 Cr, VC company Elevation Capital, formerly SAIF Partners India, sold more than 53.98 lakh shares of online travel aggregator (OTA) ixigo on June 19. In contrast to the stock's last closing price of 180.65 on the BSE
Market commentator Sanjiv Bhasin and eleven other individuals and firms have been banned by the Securities and Exchange Board (SEBI), which oversees capital markets, for engaging in front-running and manipulating the market. Additionally, the regulator has ordered that these parties forfeit more than INR 11.4 crore in illegal earnings
Following a significant block transaction by its promoter company, Samayat Services LLP, Vishal Mega Mart shares dropped 4% on June 17. Through a block sale of INR 10,000–10,500 crore, Samayat Services LLP, supported by Partners Group and Kedaara Capital, sold off about 20% of its equity, lowering
According to a number of media stories, JP Morgan has warned new hires that they may lose their jobs if they accept positions at other organisations in the future. The CEO of the bank claimed that it was "unethical" to accept a position at JP Morgan with the
The board has given Capillary Technologies permission to raise INR 2,250 Cr, or about $263 million, through an initial public offering (IPO). In accordance with regulatory filings, the Warburg Pincus-backed business intends to raise INR 500 Cr through the issuing of new shares and will also have an offer
Jio BlackRock Asset Management Private Limited (JioBlackRock Asset Management), a 50:50 joint venture between Jio Financial Services Limited (JFSL) [BSE, NSE: JIOFIN] and BlackRock [NYSE: BLK], has received regulatory approval from the Securities and Exchange Board of India (SEBI) to commence operations as an investment manager for their mutual
After co-founder Rakesh Gangwal sold 2.26 crore shares, or roughly 5.8% of his ownership, in a big block sale, shares of InterGlobe Aviation, the parent company of IndiGo Airlines, fell more than 3%. According to a media report, which cited people with knowledge of the situation, the deal
Slikk, India’s first 60-minute fashion delivery platform, has raised $10 million in an all-equity Series A round led by Nexus Venture Partners, with participation from existing investors Lightspeed. The funding will fuel Slikk’s next phase of growth, including the launch of new lifestyle categories, rollout of instant returns,
Kisaan Se Kitchen Tak (KSKT), a rising agri-commerce disruptor and a marketplace for Healthier Food Alternatives hailing from India’s heartland, has raised $1.3 million in a Strategic Mix of Equity & Debt The funding round was led by Keiretsu Forum and Favcy’s 1stCheque Angel Network, with participation
Vaibhav Taneja, an Indian professional, is making waves around the world as the Chief Financial Officer (CFO) of Tesla, earning an incredible $139.5 million in 2024. It is among the largest compensation packages given to a CFO in history. This amount, which greatly exceeded his base income of $400,